Dec 5, 2013 6:30pm PST
, then we had the government shutdown and the debt ceiling debate, and then we've had obamacare and all of the issues, forget the website and all of that, just the cost, what does it mean for my business, and as a result, there is tons of uncertainty in u.s. businesses. so businesses invested strongly in 2010, again in '11, again in '12 but this year they slowed up a bit. nonetheless, if you look at the cash that businesses have on their books, the profitability of u.s. corporations, they have never been more profitable. they are hiring. we're going to see a 200,000 job growth in the month of november, probably, and that tells me that we're about to see a surge in investment. boy, if corporations put the cash on their books to work, imagine the kind of surge we would see. >> what would it take to get then to go put that money to work number one and number two, become more confident? what's it going to take? >> you know, i think right now we're sort of -- we keep calling this economy at first trust the plow horse economy. it ain't a racehorse. it ain't going to run the kentucky derby but
Dec 6, 2013 7:00pm PST
working, we know that obamacare is still plagued with problems. gwen: outside washington, detroit is headed into bankruptcy, pensions are disappearing and low wage workers say they're being left out. >> people cannot survive on $8.25 in this country.